Why is Salzer Electron. falling/rising?

As of 01-Aug, Salzer Electronics Ltd is currently priced at 824.25, reflecting an increase of 3.15 (0.38%). The stock has shown a performance today that outperformed its sector by 1.15%, reaching an intraday high of Rs 851.9, which is a 3.75% increase. However, despite this positive movement, the stock has experienced a decline of 9.13% over the past month and a significant year-to-date drop of 40.87%. The company's return on capital employed (ROCE) stands at 11.7, indicating attractive valuation, and it trades at a discount compared to its peers. Nevertheless, the stock's recent performance is tempered by a flat PAT in the last quarter and a high debt-equity ratio, which may contribute to investor caution.
In the broader market context, Salzer Electronics has outperformed the Sensex in the short term, with a 1.23% increase over the past week compared to a 1.06% decline in the benchmark index. However, the stock's year-to-date performance contrasts sharply with the Sensex's 3.15% increase, indicating a challenging environment for the company. The falling investor participation, evidenced by a 33.09% decrease in delivery volume, suggests a lack of confidence among investors, which could be influencing the stock's price movement despite its recent gains.